Harvest Minerals (LON:HMI) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Harvest Minerals Limited (LON:HMI) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 0.59 ($0.01) and traded as low as GBX 0.55 ($0.01). Harvest Minerals shares last traded at GBX 0.55 ($0.01), with a volume of 1,465 shares traded.

Harvest Minerals Price Performance

The firm has a 50 day moving average price of GBX 0.60 and a 200 day moving average price of GBX 0.66. The company has a quick ratio of 4.99, a current ratio of 1.76 and a debt-to-equity ratio of 37.98. The stock has a market cap of £3.24 million, a P/E ratio of -0.65 and a beta of 0.15.

Harvest Minerals Company Profile

Harvest Minerals Limited (HMI.L) is an AIM-quoted low-cost, high margin Brazilian remineraliser producer located in the state of Minas Gerais, the heart of the largest and fastest growing fertiliser market in Brazil.

The company’s product, KPFértil, is a registered and approved organic multi-nutrient direct application fertiliser.